Credit card companies delay swipe fee hike
March 17, 2021
Visa and Mastercard announced that they are postponing their plans to raise interchange fees on card transactions after coming under criticism from members of Congress. Plans to increase the fees reported in the press prompted Sen. Dick Durbin and Rep. Peter Welch to send a letter to the CEOs of the two companies calling on them to put off any changes in light of the impact that the pandemic has had on so many businesses.
Recent News
American Airlines Expands Service to Caribbean and Latin America
As the travel industry experiences a post-pandemic resurgence, American Airlines is capitalizing on the growing demand for vacation destinations in Latin America and the Caribbean.
Indiana Judge Rules Tacos and Burritos Are Sandwiches
An Indiana judge has made a significant decision in his court that could change the food world’s description of their favorite Mexican-style foods.
Elon Musk Confirms Twitter Is Now X.com
The bird is gone and officially replaced with X.
Texas Braces for Record-Breaking Power Demand
Texas is bracing for a record-breaking power demand next week as a spring heat wave drives residents and businesses to ramp up air conditioning usage.